Kato Works Co., Ltd. completed construction of its Bando Plant in Bando City, Ibaraki Prefecture, on January 29, 2019. The factory will begin manufacturing and storage of construction machinery parts in April 2019.
Kato Works will build a new factory in Bando City, Ibaraki Prefecture, Japan, to manufacture parts for construction machinery. The total investment is about ¥3 billion, with completion targeted for 2018.
Kato Works, a Japanese equipment manufacturer, acquired IHI Construction Machinery Limited in November 2016. The acquired company will continue to sell compact equipment under the name KATO Compact Excavator Sales.
Kato Works has agreed to acquire all shares of IHI Construction Machinery, expanding its range of construction equipment including mini excavators, compact loaders, and cranes. The deal is expected to close on November 25, 2016.
| Site | Largest | Latest |
|---|---|---|
| Bando City, Japan | $27.0M | 2019-02-06 |